Anyone can form a sole proprietorship. However, it makes more sense to transition into a limited liability company or corporation at some point. Most businesses that turn a profit benefit from incorporating. If you have a growing business, continue reading to learn...
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Indianapolis, Indiana Legal Blog
Revocable Trusts – An Overview
For any number of reasons, people may not want the financial affairs of their estates made public after their passing. To help avoid the probate process, which would make pertinent documents matters of the public record, some consider alternative options to a...
What you should know before starting an LLC
When you start a new business, there are several different ways you can structure it. Each business structure has its own strengths and weaknesses. If you start a limited liability company, you can combine the advantages of several different business structures in...
Renting land for solar panels and lease agreements
Solar panels have been around for a long time, but recently Indiana has increased its focus on solar energy. According to the Indianapolis Business Journal, 1,000 acres of solar panels will be in operation by 2024, with thousands more on the way. It is tempting for...
What do executors do?
Executors hold an important role in a person's estate plan. Many responsibilities fall on their shoulders. But exactly what are those responsibilities? What parts of an estate does an executor actually oversee? Managing finances Forbes talks about the responsibilities...
Why do siblings fight over wills?
Most people know the stereotype of in-fighting in families due to a person's will or estate plan. Though it seems comical in movies, it is devastating in real life and can tear families apart. In particular, siblings have a bad reputation regarding squabbles because...
Who serves as a good executor?
Dealing with estate planning is not easy for anyone, least of all the executor. They act as a manager of sorts and have the kind of responsibilities that someone could expect of a managerial position. So who is up to the task of handling this sort of responsibility?...
Your estate plan can help protect important digital assets
The common perception of an estate plan is that it serves to pass on finances, real estate, and other tangible assets by way of certain legal documents. However, you likely have many digital assets that your family might lose if you do not include them in your will....
What is a solar easement agreement in Indiana?
While your property borders may look like a clean lot in an organized neighborhood, there are rules called easements that complicate that idea. The way you get commonly get power from the grid or natural gas from a utility company requires these easements for...
Who should receive a copy of your will?
If you have written a will, you are likely doing considerably better than most of your neighbors. In fact, according to reporting from CNBC, nearly 70% of Americans lack an estate plan. Now that you have finalized your will, you may wonder who should get a copy of it....